Cost of living in Shelbyville research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Shelbyville is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Tennessee, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Shelbyville is 91, with 100 being the average.
The cost of living index in Shelbyville is 0.9x lower than the national average.
Shelbyville ranks as the #66 cheapest in Tennessee out of 105.
Shelbyville ranks as the #1,804 cheapest out of 6,412 in the US.
The median home value in Shelbyville is $140,300.
The median income in Shelbyville is $45,160.
According to the most recent data on the cost of living, Shelbyville has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Tennessee, Shelbyville has a cost of living index that's 1.0x higher than Tennessee's index of 90.
The standard of living in Shelbyville ranks as #66 most affordable out of the 105 places we measured in Tennessee. By definition, that implies Shelbyville ranks as the #39 most expensive place in the Volunteer State.
For more reading on life in Shelbyville, check out:
Six factors go into calculating the cost of living index in Shelbyville. Here is how it fairs on each of the criteria:
The Services index in Shelbyville is 102.
The Groceries index in Shelbyville is 99.
The Health index in Shelbyville is 97.
The Housing index in Shelbyville is 63.
The Transportation index in Shelbyville is 95.
The Utilities index in Shelbyville is 95.
Living Expense | Shelbyville | Tennessee | National Average | |
---|---|---|---|---|
Overall | 91 | 90 | 100 | |
Services | 102 | 93 | 100 | |
Groceries | 99 | 96 | 100 | |
Health | 97 | 88 | 100 | |
Housing | 63 | 82 | 100 | |
Transportation | 95 | 90 | 100 | |
Utilities | 95 | 93 | 100 |
Housing swings affordability the most between places in Tennessee, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Shelbyville is $140,300.
The Median Rent in Shelbyville is $807.
The Median Income in Shelbyville is $45,160.
The Home Value To Income in Shelbyville is 3.1x.
The Rent To Monthly Income in Shelbyville is 0.21x.
Statistic | Shelbyville | Tennessee | United States |
---|---|---|---|
Median Home Value | $140,300 | $193,700 | $244,900 |
Median Rent | $807 | $951 | $1,163 |
Median Income | $45,160 | $58,516 | $69,021 |
Home Value To Income | 3.1x | 3.3x | 3.5x |
Rent To Monthly Income | 0.21x | 0.2x | 0.2x |
Item | Shelbyville | Tennessee |
---|---|---|
Shampoo | $1.08 | $1.06 |
Movie | $9.97 | $10.68 |
Bowling | $19.17 | $14.67 |
Haircut | $18.67 | $18.62 |
Beauty Salon | $33.33 | $39.05 |
Item | Shelbyville | Tennessee |
---|---|---|
Ground Beef | $5.09 | $4.22 |
Fried Chicken | $1.45 | $1.39 |
Milk | $1.62 | $2.05 |
Potatoes | $2.86 | $3.29 |
Pizza | $11.32 | $10.62 |
Beer | $9.1 | $9.38 |
Toothpaste | $2.2 | $2.34 |
Item | Shelbyville | Tennessee |
---|---|---|
Optometrist | $109.44 | $108.57 |
Doctor | $112.22 | $116.17 |
Dentist | $100.06 | $99.13 |
Item | Shelbyville | Tennessee |
---|---|---|
Gasoline | $2.06 | $2.22 |
Tire Balancing | $51.41 | $50.07 |
Item | Shelbyville | Tennessee |
---|---|---|
All Electricity | $156.41 | $167.67 |
Phone | $181.81 | $175.64 |
The cost of living varies in the cities and towns around Shelbyville. Here's a quick look at the cost of living in the most populous nearby places:
Murfreesboro, TN has a cost of living index of 99, 1.1x Shelbyville.
Franklin, TN has a cost of living index of 118, 1.3x Shelbyville.
Smyrna, TN has a cost of living index of 94, 1.0x Shelbyville.
City | Population | Cost Of Living | Vs. Shelbyville |
---|---|---|---|
Murfreesboro, TN | 148,970 | 99 | 1.1x |
Franklin, TN | 81,531 | 118 | 1.3x |
Smyrna, TN | 52,401 | 94 | 1.0x |
Spring Hill, TN | 48,403 | 106 | 1.2x |
Brentwood, TN | 44,354 | 150 | 1.6x |
La Vergne, TN | 38,127 | 94 | 1.0x |
Mount Juliet, TN | 38,059 | 103 | 1.1x |
Lebanon, TN | 37,471 | 98 | 1.1x |
Tullahoma, TN | 20,599 | 89 | 1.0x |
Nolensville, TN | 13,393 | 123 | 1.4x |